The 2017CFDA Fashion Awards, in partnership with Swarovski for the sixteenth year, will take place at The Manhattan Center's Hammerstein Ballroom in New York City June 5. Meyers previously hosted the award ceremony in June 2012. "I am so happy that Seth agreed to be our host," designer Diane Von Furstenberg, chairwoman of the CFDA, said in a statement Tuesday. Meyers' "charm, wit and intelligence will enhance an evening that we plan to be very festive."

This year's partners are Lexus, Lifewtr and Maestro Dobel Tequila. Since Meyers' last time hosting, Andy Cohen, James Corden, Joel McHale and John Waters have emceed the event.

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Meyers' 2012 appearance was a memorable one, due in part to his tribute to Marc Jacobs. During the ceremony, the Late Night changed out of his black tuxedo and into a bedazzled, lacy look that Jacobs had worn on the red carpet one month earlier. "It was completely see-through; I had boxers. You can't tell, but my shoes had buckles on them," Meyers told Conan O'Brien two weeks after the ceremony. The idea actually came from Vogue's editor-in-chief, AnnaWintour. "She said to me, 'I have the funniest idea,'" he said. "And I had this moment of, 'Oh, do you, Anna Wintour, have the funniest idea?' And she was like, 'Yeah. You should wear Marc Jacobs' Met outfit.' I was like, 'Aw—that is a pretty funny idea.' You were right, Anna Wintour!"